Stablecoins are touted as a hedge against the high volatility in the cryptocurrency markets since they are pegged to a relatively stable asset or a basket of assets like fiats or precious metals. However, new findings reveal that some of these tokens have ties with illicit activities like Ponzi schemes.In its latest state of the network report, crypto analytics firm Coin Metrics analyzed the supply and activity distribution of stablecoins, including market leaders Tether (USDT), USD Coin...
Read More »Cardano (ADA) Price Analysis: Downside Thrust Before Fresh Increase Likely
ADA price traded to a new monthly high at $0.0903 before correcting lower against the US Dollar.The price is currently trading below the $0.0850 level and the 55 simple moving average (4-hours).There is a key declining channel or a bullish flag forming with resistance near $0.0850 on the 4-hours chart (data feed via Kraken).The price could dive sharply towards the $0.0750 support or $0.0720 before a fresh increase.Cardano price is trading nicely in an uptrend against the US Dollar and...
Read More »Simon Dedic Predicts Five Figure Price for BTC
BlockFyre founder Simon Dedic is predicting that the next bull rally will take the world’s number one digital currency by market cap – bitcoin – into the $150,000 range. He’s also predicting that many altcoins will hit it big as well, with assets like Ethereum striking the $9,000 mark.Dedic: Bitcoin Will Hit $150KIn a series of tweets, Dedic discussed the 2017 bull run that saw virtually every digital currency spiking to levels that virtually nobody could have predicted. At that time, bitcoin...
Read More »Tron (TRX) Price Analysis: Dips Remain Attractive To The Bulls
Tron price rallied further above the $0.0180 resistance zone against the US Dollar.TRX price traded as high as $0.0186 and it is currently correcting lower.There is a major bullish trend line forming with support near $0.0173 on the 4-hours chart (data feed via Bitfinex).The pair is likely to remain well bid above the $0.0172 and $0.0170 support levels.TRON price is trading in a strong uptrend above $0.0170 against the US Dollar, similar to bitcoin. TRX price is likely start a fresh increase...
Read More »Ethereum Price Analysis: ETH Holding Crucial Uptrend Support At $240
Ethereum price is trading in an uptrend above the $240 support against the US Dollar.ETH price must break the $248 and $252 resistance levels for more gains.There is a key bullish trend line forming with support near $240 on the 4-hours chart (data feed from Coinbase).The pair is likely to accelerate higher towards $265 if it clears the $252 level.Ethereum price is showing a few positive signs above $240 against the US Dollar. ETH/USD is currently struggling to gain strength above the $248...
Read More »Fees on Ethereum Now Higher Than Bitcoin’s as Unconfirmed Transactions Rise Past 100,000
Recent data indicates that Bitcoin transaction fees have been decreasing after the post-halving peak, while Ethereum fees are on the rise. As such, the total amount in fees spent on the Ethereum network has surpassed Bitcoin’s, and the gap continues to grow.The “Feepening” Ethereum Vs. BitcoinAccording to information from the cryptocurrency data company Glassnode, the daily Ethereum network fees surpassed Bitcoin’s on June 5th for just the second time this year. At that point, the amounts...
Read More »#898 Ethereum Kurs Prognose 9.000 USD Bullrun, Brave Browser Eklat & Block.one startet Voice vorzeitig
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 898. Heute sprechen wir über folgende Themen: Ethereum Kurs von 9.000 USD im nächsten Bullrun, Brave sorgt für Eklat mit Affiliate Links & Block.one startet Blockchain Social Media Plattform früher. Die heutige Show wird gesponsert von Bitwala – Erhalte 35 Euro für dein kostenloses Konto inkl. Debit Masterkarte und Bitcoin Wallet – http://bit.ly/Bitwala-Blockchain-Banking-Berlin 1.) Ethereum Kurs von 9.000...
Read More »Stellar Lumen (XLM) Price Looks Set To Surge If It Breaks $0.08
Stellar lumen price is trading in a bullish zone above the $0.0750 resistance level against the US Dollar.XLM price is likely to surge higher if it clears the $0.0800 and $0.0828 resistance levels.There is a major breakout pattern forming with resistance near $0.0800 on the 4-hours chart (data feed via Kraken).The pair could rise sharply unless it fails to stay above the $0.0750 support zone.Stellar lumen price is trading in an uptrend above $0.0750 against the US Dollar, similar to bitcoin....
Read More »Ripple Price Analysis: XRP Trading Near Key Inflection Point
Ripple price is facing an uphill task near the $0.2050 resistance zone against the US dollar.The price must break the $0.2050 resistance zone and then $0.2125 to rise steadily.There is a key connecting bearish trend line forming with resistance near $0.2045 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could also start a major decline if it breaks the $0.1985 support zone.Ripple price is approaching the next key break against the US Dollar. XRP price could...
Read More »Tim Draper: Libra and Zuckerberg Are Being “Picked On”
It looks like venture capitalist Tim Draper has positive sentiment towards the Libra cryptocurrency and its founder Mark Zuckerberg.Tim Draper Sticks Up for Mark ZuckerbergTim Draper has made a real name for himself in the crypto space. He won a huge chunk of Ross Ulbricht’s bitcoin stash in an auction in 2014 and has often offered huge praise for the digital asset. In addition, he has loaded the space with wild – yet intriguing – predictions, stating that the currency would reach the...
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